U.S. Durable Goods Orders Surge 5.3% In November, Much More Than Expected

A report released by the Commerce Department on Monday showed new orders for U.S. manufactured durable goods surged by much more than expected in the month of November.

The Commerce Department said durable goods orders shot up by 5.3 percent in November after tumbling by 2.1 percent in October. Economists had expected durable goods orders to jump by 3.0 percent.

by RTTNews Staff Writer

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